Direct Pay - Presented by Infocast Direct Pay - Infocast
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The logo of the event, Direct Pay

November 19, 2024
Hilton Salt Lake City Center
Salt Lake City, UT

Get the Insights You Need to Maximize Clean Energy Incentives for Tax-Exempt Entities

The IRA created the ability for tax-exempt entities to use direct payments, or elective pay, for the full value of clean energy and decarbonizing technology tax credits. For the first time, tax-exempt entities have a pathway to directly participate in developing and owning new clean energy and other eligible projects, rather than being dependent on power purchase agreements. This ownership option can be particularly attractive as the tax credits can be combined with grants, forgivable loans, and stacked incentives/adders to greatly reduce capital expenditures.

However, making the most of clean energy tax credits utilizing direct pay will require tax-exempt entities to master the rules of this new game. Given the large cohort of tax credits available that are applicable to direct pay, each with specific guidelines, utilizing the direct pay provision to maximum effect requires specialized advice from experts who can walk tax-exempt entities through the process, explore alternatives, and outline strategies for optimizing value, mitigating risk, and avoiding potential missteps.

Infocast has put together Direct Pay: Clean Energy Incentives for Tax-Exempt Entities to provide exactly the state-of-the-art information that tax-exempt entities and their partners will need to get the full benefit of this revolutionary new regime. This unique event will:

  • Break down this new opportunity into easily understandable steps, walking attendees through the risks and how to mitigate them, and answering questions surrounding IRS compliance, financing, partnerships, and every other issue that will need to be addressed to take advantage of elective pay for clean energy and help those entities achieve their decarbonization goals.
  • Discuss and analyze risk mitigation strategies holistically, covering every phase of a project’s planning, financing, construction, and completion.
  • Explain the full range of financing options, including grants and federal loans, that are available to tax-exempt entities.
  • Lay out the pros and cons of using partnerships to facilitate these projects and give best practices for ensuring that these partnerships are successful, with an emphasis on tax credit compliance documentation.
  • Feature representatives from the IRS who will walk attendees through the steps needed to register for elective pay and give a run-down on what a tax-exempt entity needs to do to be eligible for and to finally receive their tax credit payment.

Co-located with: Mountain West Renewables Summit  |  November 20-21, 2024

The ONLY event covering the procurement opportunities, load growth, transmission expansion, and market integration/regionalization initiatives across the dynamic eight-state region. Visit the event page for more information.

Save $500 on access to both events with the combo package!

Get visibility for your brand

Lawrence Silverstein
Director of Sponsorship
[email protected]

For registration questions:

Group rates available,
for 3 or more attendees! [email protected]

Share your expertise

Robert De Santiago
Conference Producer
[email protected]

20

Expert Speakers

Hear from top industry leaders
and market stakeholders

10

Content-Packed Sessions

Gain highly-relevant,
exclusive insights and updates

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Premier Networking

Connect with key decision-makers
and get deals done

FEATURED SPEAKERS

 

Headshot for Keishaa Austin

Keishaa Austin
Acting Principal Deputy Director, Office of State and Community Energy Programs
U.S. DEPARTMENT OF ENERGY

Headshot for David Carpenter

David Carpenter
Vice President of Development & Chief Legal Officer,
GREEN LANTERN SOLAR

Headshot for Howard Chang

Howard Chang
Chief Executive Officer
AVA COMMUNITY ENERGY

Headshot for David J. Clamage

David J. Clamage
Founder and Managing Director
SAULSBURY HILL FINANCIAL

Headshot for Walter Cuculic

Walter Cuculic
Senior Vice President, Director of Solar Banking
LEGACY BANK AND TRUST

Headshot for Eric Fins

Eric Fins
Vice President
GROVE CLIMATE GROUP, LLC

Headshot for Eric Hawkins

Eric Hawkins
Chief Operating Officer and General Counsel
TRICO ELECTRIC COOPERATIVE, INC.

Headshot for Bennett R. Hilley

Bennett R. Hilley
Senior Advisor, Housing and Sustainability, Office of Multifamily Housing Programs
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Headshot for Alex Kovtunenko

Alex Kovtunenko
Deputy General Counsel, Financing Programs
CONNECTICUT GREEN BANK

Headshot for Hilary Lefko

Hilary Lefko
Partner
NORTON ROSE FULBRIGHT, US LLP

Headshot for Amanda Li

Amanda Li
Chief Operating Officer
BANYAN INFRASTRUCTURE

Headshot for Scott Martin

Scott Martin
Chief Financial Officer
SMUD

Headshot for Lelah Martinez

Lelah Martinez
Senior Stakeholder Liaison
INTERNAL REVENUE SERVICE

Headshot for John McAuliff

John McAuliff
Senior Climate Advisor for the Rural Business-Cooperative Service
U.S. DEPARTMENT OF AGRICULTURE

Headshot for Davie Nguyen

Davie Nguyen
Deputy Director, Office of Policy
U.S. DEPARTMENT OF ENERGY

Headshot for Robert Quist

Robert Quist
Chief Investment Officer
MISSION ENERGY

Headshot for Jeanne Sole

Jeanne M. Solé
Principal Power Resources Specialist
SAN JOSE CLEAN ENERGY

Headshot for Michael Squires

Michael Squires
Director of Government Affairs
UTAH ASSOCIATED MUNICIPAL POWER SYSTEMS (UAMPS)

Headshot for Marina Ter-Sargsyan

Marina Ter-Sargsyan
Director of Organizational & Project Finance
GROUNDSWELL

Headshot for James Vergara

James Vergara
Chief Operating Officer & Chief Investment Officer
HOME RUN FINANCING

WHO SHOULD ATTEND?

 

  • Tax-Exempt Entities (State Governments, Local Governments, Schools, Hospitals, Public Utilities, Tribes, Houses of Worship,
    and Non-Profit Organizations)
  • Banks, Financiers and Investors
  • Consultants and Advisors
  • Insurance Providers
  • Clean Energy and Decarbonizing Technology Developers
  • Law Firms
  • EPC and Construction Service Providers
  • Equipment Providers
  • Software or Other Service Providers

VENUE

An exterior shot of the venue, Hilton Salt Lake City Center
An interior shot of the lobby the venue
An aerial shot of Salt Lake City


Hilton Salt Lake City Center
255 South West Temple
Salt Lake City, UT 84101
Phone: (801) 328-2000

Room Rate: $179
Reservation Call-In No: (801) 328-2000
Reservation Web Link: Click here
Cutoff Date: Monday, October 28, 2024
Group Name: Direct Pay and Mountain West Renewables 2024


WARNING: Please do not book any guest rooms with third-party housing companies for this event. Infocast does not partner with outside housing companies, so we advise that you only book guest rooms directly through the venue using the details provided above.

An exterior shot of the venue, Hilton Salt Lake City Center
An interior shot of the lobby the venue
An aerial shot of Salt Lake City

Registration

Save $500 on registration with the combo package to also attend the co-located
Mountain West Renewables Summit on November 20-21, 2024!


For Special Group pricing available only to Tax-Exempt Entities, click here.

*Discounts cannot be retroactively applied to an existing registration.

Need help with registration?
Contact us at: [email protected] | (818) 888-4444

Top

Banyan Infrastructure

Website

Banyan Infrastructure is on a mission to use modern software to accelerate the flow of capital to sustainable infrastructure projects around the world.

Banyan Infrastructure is a climate fintech platform designed to simplify, accelerate, and optimize sustainable infrastructure financing across the deal life cycle. Our solution oversees and automates the complex and time-consuming processes in the origination, underwriting, and portfolio management of sustainable assets, which boosts profits per investment, increases deal velocity, and saves thousands of hours at every stage. Connect with us on LinkedIn or visit banyaninfrastructure.com to learn more.

Elective

Website

Elective is an end-to-end provider of Direct Pay services, from project planning to redemption and recapture risk.

The Inflation Reduction Act created a unique opportunity for tax exempt entities to finance energy projects affordably. You deserve a provider who understands the entire process from beginning to end, and can maximize the impact of your project.

Elective is pioneering low-cost bridge loans at low rates that are unique to the tax exempt world.

Moss Adams LLP

Website

Moss Adams is a fully integrated professional services firm dedicated to personally assisting clients with growing, managing, and protecting prosperity. With more than 3,400 professionals across over 25 locations in the West and beyond, we work with many of the world’s most innovative companies and leaders.

We serve clients that represent all facets of the industry, including:

  • Renewable energy generation companies, including wind, solar, wave, hydroelectric and geothermal
  • Biofuel creators, refineries, and manufacturers
  • Renewable energy infrastructure suppliers
  • Energy storage
  • Whether your business develops renewable energy resources or other environmentally-friendly technologies, our collaborative approach takes the time to understand your unique business needs and contextualize how they may be impacted by the industry as a whole. Unbound from big-firm conventions, our forward-thinking business solutions empower your company to focus on what matters most: creating a clean, sustainable future.

    Norton Rose Fulbright US LLP

    Website

    Norton Rose Fulbright is a global law firm and powerhouse in the project finance market. Its projects group did $211 billion in 448 significant transactions in the last five years. It works in some capacity for most of the major developers who are active in the US market. It is also a prominent thought leader. Its Project Finance NewsWire goes to more than 81,000 people. Issues back 26 years can be found on the firm’s website. Its Currents podcast has had more than three million downloads in five years. Its periodic live podcasts on topical subjects draw 2,000 to 6,000 people for the live sessions and thousands of downloads for the recordings.

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